Industrial production was down by 3.1% in March
Date 06.05.2026
Article
Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output declined in March, similarly to February. “The decline was mainly due to the 4.1% decrease in the manufacture of food products. The output of the manufacture of food products has fallen for three months now – the year-on-year decrease was 6.9% in January and 5.3% in February. The main reason behind this is the continued decline in retail trade volume and demand, coupled with inflation,” explained Kadarik. The volume of production increased in slightly more than half of manufacturing activities. Looking at the